Retirement Savings by Age

Posted on June 21, 2021

Categories: Budgeting, Financial Education, Personal Finances, Retirement, Savings

At any age, you should be saving for retirement - yes, even when you’re 20. This can mean more than just putting a little money into your employer's 401(k) plan. It’s important to think about all the expenses you will have in the future and how you will afford them. Therefore, we wanted to share some information on how you should save for retirement based off your age. Read on to learn more!

Emergency Fund: How much is enough?

Posted on June 14, 2021

Categories: Budgeting, Personal Finances, Savings

Being prepared for a financial crisis or hiccup can take time. Building up your emergency fund isn’t something you can do overnight, but working at it day by day or month by month is an easy way to become prepared without seeing a huge decrease in your funds. But how much is enough? We’re here to let you know!

Financial Planning 101

Posted on June 7, 2021

Categories: Budgeting, Financial Education, Personal Finances, Savings

Nerdwallet states, “A financial plan is a comprehensive picture of your current finances, your financial goals and any strategies you've set to achieve those goals. Good financial planning should include details about your cash flow, savings, debt, investments, insurance and any other elements of your financial life.” But where do you start? We’re here to help give you the basics of financial planning so you can begin bettering your financial...

Spring Clean Your Finances

Posted on June 1, 2021

Categories: Budgeting, Personal Finances, Savings, Seasonal

With the new seasons come a new energy and attitude which we want to take full advantage of! Over the last year and this winter, it’s been easy to get into a financial rut or overspend on subscriptions which is why it's time to purge your finances. Keep reading to see our top tips to help you spring clean your finances!

Spring Savings Guide

Posted on May 25, 2021

Categories: Budgeting, Personal Finances, Savings, Seasonal

Spring is the perfect season for fresh starts, personal growth and positive changes. This season, along with the loads of spring cleaning and organizing, consider making your finances a priority. A great first step is to read through this practical spring savings guide to saving money!

How Can I Lower My Monthly Bills?

Posted on May 4, 2021

Categories: Budgeting, Personal Finances, Savings

It’s the question that every household asks. What can I do to cut my monthly costs? And it’s a great question! No one wants to spend unnecessary money when there are mouths to feed and basketball uniforms to pay for. While you can tighten the budget by setting strict guidelines for yourself, your experts here at Fairfax State Savings Bank have a few more realistic ways to lower monthly bills.

How to Slowly Increase Your Savings Game

Posted on April 19, 2021

Categories: Budgeting, Financial Education, Personal Finances, Savings

Saving money over time is often one of the hardest things for a household to do. Between monthly bills, household essentials and daycare, you may ask yourself, ‘is there even anything left to save?’ If this sounds like you, read these tips to increase your savings game over time!

6 Ways to Save This Spring

Posted on April 12, 2021

Categories: Budgeting, Personal Finances, Savings, Seasonal

With spring comes a freshness that everyone enjoys. There’s different weather, new things are happening and the winter blues begin to fade away. Spring also brings spring cleaning! Fairfax State Savings Bank wants to focus on different actions you can take to spring clean the way you save. By giving you six ways to save this spring, we hope you can begin to enhance your financial journey.

Side Gigs to Help You Make Extra Money

Posted on April 5, 2021

Categories: Budgeting, Personal Finances, Savings

As we move into a world of more remote workers and others looking for ways to make extra money while maintaining a full-time job, we wanted to break down a few ways that’s possible. Here are a couple side gigs you can start to help you make extra money.

Donating on a Budget: Your Guide for Selfless Spending

Posted on March 22, 2021

Categories: Budgeting, Giving Back, Personal Finances, Savings

Believe it or not, giving back and donating doesn’t have to cost you a penny. Maybe you’re torn between two New Year's Resolutions: to save more money or to give back to those less fortunate. Good news – you can do both! Make 2021 extra special and try some of these ways you can donate without breaking the bank.